Commercial Property

Tuas Technology Park bags Hillview Avenue property

Tuas Technology Park bags Hillview Avenue property

The company submitted the highest bid of $289.8 million for the commercial and residential site, said URA.

URA launches tender for industrial site at Woodlands Avenue 12

The industrial site is one of the four industrial sites to be released for sale under the Confirmed List of the 1H 2011 Industrial Government Land...

Tender for Hillview Avenue received highest bid of $289.8mn

The highest bid for the commercial and residential site came from Tuas Technology Park.

Singapore Land net profit up 5% in 1Q 2011

Net profit increased from $55.5 million to $58.2 million for the period ended 31 March 2011, said Singapore Land.

Oxley sells 60% of BizHub property in two days

The soft launch of phase one comprised of 364 units, with the factory and warehouse units booked at an average price of $677 psf.

Mapletree Industrial Trust occupancy surged 93.2% in 4Q 2011

This is on the back of high retention rate of 86%, indicating a strong underlying demand for industrial space.

Ascott appoints Tan Boon Khai as Regional General Manager for Singapore and Malaysia

He is responsible for driving the company's growth and ensuring operational effectiveness to enhance Ascott's presence in both markets, said Ascott.

a-iTrust 2010 profit down 4% to S$70.6mn

Yet the company’s revenue growth continued in FY2010/11 to S$121.5mn or 1% increase behind a steady performance from its basic portfolio.

Tender for comercial site at Paya Lebar Road/Eunos Road 8 awarded to joint bidder

Siong Feng Development, Guthrie and Sun Venture Commercial submitted the highest bid of $585.6 million in the tender for the site.

CIMB TCA invests AUD 84mln for Aussie property

The investment manager of CIMB Trust Capital Australian Office Fund No.1 LP acquired the Melbourne property from Investa Property Group.

Home prices up 2.2% in 1Q 2011

Prices of industrial, office and shop properties also increased by 8.3% 4.9% and 0.5% respectively.

Mapletree Logistics DPU up 3.33% in 1Q 2011

DPU of 1.55 S-cents is flat q-o-q despite the y-o-y growth, said OCBC Investment Research.

URA launches tender for Irving Place

The industrial site has a site area of about 0.34 ha and a maximum gross plot ratio of 3.5.

Lower retail revenue for 1Q11 drags Suntec’s DPU to 2.388 S-cents

Despite soaring occupancy rates, S-REIT’s gross revenue dropped 2.3% YoY and 0.6% QoQ to S$61mln.

Tender for Paya Lebar Road/Eunos Road 8 received top bid of $585.6mn

The top bid came from the joint bidders Siong Feng Development, Guthrie and Sun Venture Commercial.

Vacancies in Causeway Point mall hurt FCT's portfolio

Frasers Centrepoint Trust's portfolio occupancy dropped to 83% in 2Q11 as tenants move out to give way to refurbishments.

FREIT maintains healthy balance sheet-- thanks to hospitals

First REIT's gross revenue for 1Q11 increased 95.6% YoY to S$14.6 mln due to contributions from its new hospitals.